Karur Vysya Bank is an Indian private-sector bank, headquartered in Karur in Tamil Nadu.

It was set up in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar

KVB offers Savings accounts for the purpose of inculcating the habit of savings among general public so that a portion of one's earnings can be set apart for future needs.

Features for account openings:

Can be opened in the names of individuals singly / jointly / with either or survivor options
VISA Debit cards, Internet Banking, Mobile Banking facilities are available.

Nomination facility available

Cash remittance at base branch is Free

Free cash withdrawal at base branch

Cash Withdrawal at base branch is permitted Free where Monthly Average balance is more than Rs.5000/-

Outstation Cheque collection charges as per the service charges tariff

Free 20 cheque leaves per annum.

The number of all debit transactions including ATM transactions in the account will be limited to 90 transactions for each half year for all the accounts mapped to a single customer ID put together.
A service charge of Rs.2/- inclusive of service tax will be levied for each transaction in excess of 90 transactions

Terms and conditions for account opening:

Minimum balance to be maintained in Savings Account with cheque book facility is Rs. 1000/-. Penalty of Rs.100/- plus service tax will be levied for non-maintenance of minimum balance.

Customers should provide satisfactory introduction, address and ID proof in order to comply with KYC norms.

Sufficient balance should be maintained in the account at the time of issuing cheques

Contact:

THE KARUR VYSYA BANK LIMITED
Registered & Central Office
Erode Road, Karur - 639002
Phone No : 04324 - 269000
Fax No : 04324 - 225514
CIN :L65110TN1916PLC001295